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The Number Of Uninsured Drivers Rises During Tough Economy

CATHEDRAL CITY – The tough times are forcing people to get rid of more than just their luxury items.

A new study predicts more people will let their car insurance lapse because they can’t afford the premiums.

According to the insurance research council, California ranks7th on the list of the most uninsured drivers.Eighteen percentaren’t paying. That means nearly one in every five drivers are uninsured and that number is expected to rise as jobless rate continues to rise.

“The worst time to do anything is now and lower your liability limit because you can still get sued and accidents still happen,” says insurance agent Mike Johnston.

At Farmers Insurance in Cathedral City, new customers are few and far between.

“People are not acquiring new cars as they were say a year ago. That’s been a little lack of business on that. But people are retaining their cars it seems to be longer now and then we go back to the point as, how do we reduce our insurance that we have here and lower the premium?” Johnston says.

So, how do you save money and protect yourself?

-Ask about any available discounts.

-Consider increasing your deductible. In some cases, you can save up to 30%.

-If you drive an older car, truck or SUV, consider dropping comprehensive and collision coverage.

-Shop around.

Also, uninsured motorist coverage is not required in California, but it covers you if you’re in an accident with an uninsured driver,something to look into since the number of uninsured drivers is expected to rise.

And, when in doubt, you can always check with the California Department of Insurance.

KESQ News Team

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